Thai Takenaka International Ltd. Myanmar Branch Completed its First Project

—Providing the perfect solutions to its clients’ global business activities—

May 28, 2015Takenaka Corporation

Takenaka Corporation (President: Masahiro Miyashita) has announced the completion of the Interior Finishing Work in the Yangon Branch of the Bank of Tokyo-Mitsubishi UFJ, which is the first project undertaken by the Thai Takenaka International Ltd.’s Myanmar Branch, which opened in 2013 as a base for the company’s sales activities and information gathering in Myanmar.

The Myanmar Branch received the order for this project to design and carry out the interior finishing of this new branch from the Bank of Tokyo-Mitsubishi UFJ, a Japanese megabank and one of nine foreign banks that received preliminary authorization by the Central Bank of Myanmar to open branches in Myanmar last year. The work was completed and delivered at the end of January this year, and the branch opened on April 22 as the first branch of a foreign bank to begin banking operations in Myanmar.

In Myanmar, Takenaka is undertaking activities to establish a sales and production system with a local perspective to continue to obtain orders for projects by improving the execution management skills of its local personnel and providing them with its expertise and skills at the Thai Takenaka Technical Training Center, TAKSA, which is a hands-on training facility opened in 2014 at the Thai Takenaka International Ltd. Myanmar Branch. The branch will continue to complete a system permitting it to undertake a variety of projects including the construction of offices and manufacturing plants for Japanese enterprises.

Takenaka Corporation will optimize its sales and production systems for the new market growing in Asia and provide optimum solutions for the global business activities of Japanese-owned companies and clients of every type.